August 8 2019

Smart Contracts of Ethereum & EOS 📝

Ethereum, having just celebrated its fourth anniversary and has already become the reference building block forSmart Contracts, which today number is over 200,000. 🏦

Daily account growth is about 100 thousand addresses, and their total number exceeds 70 million. To facilitate the development of Ethereum applications and smart contracts, numerous platforms and services have been created. 💼

As for today, Ethereum is the best solution for decentralized financing (DeFi): the Maker token (MKR) has more than 60% of the dominant, which allows more than $ 310 million to be frozen for a stablecoin DAI coin through CDP (Guaranteed Collateralized Positions).

In addition, the Proof of Stake is approaching, which should begin to function in January 2020, opening the doors to the so-called Ethereum 2.0. The new solution is considering the use of the Bitcoin Cash (BCH) blockchain to increase the scalability of the existing system. 🔥

About 2,500 decentralized applications (dApps) have been created on the Ethereum blockchain, however there are just over 22,000 end users. At the same time, Ethereum has a powerful competitor – the EOS blockchain. It has a high speed of almost 4,000 transactions per second, while Ethereum speed is only at 25 t / s. 📝

There are only 300 applications have been built by EOS, however it has more than 70,000 active users. Guys, pay attention to that two giants as they both could be the leaders in the future World Smart Economy. 🤔

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Posted 08.08.2019 by admin in category "Crypto World News